MAXX AI vs Akedo

Akedo (AKE) is 6381.4× the size of MAXX AI (MXM) by market capitalisation. Over the past 30 days, MXM is ahead by 42.4 percentage points (MXM -43.6% against AKE -85.9%). Their daily returns move barely together (correlation 0.03 across 23 shared trading days). AKE has been the more volatile of the two, at 454% annualised against MXM's 118%.

Correlation: 0.03
Size ratio: 1 : 6381.4
Ahead over 30 days: MXM

MAXX AIMXM

$5.236e-5

24h: —
Market cap: $18,111
Volume 24h: —
Volatility (ann.): 118%

AkedoAKE

$0.005071

24h: +86.63%
Market cap: $115.57M
Volume 24h: $123.60M
Volatility (ann.): 454%

MXM 0.0%Share of the two combined market caps100.0% AKE

Performance

MXMAKE

7 days-7.45%-89.22%MXM
30 days-43.58%-85.94%MXM

Correlation

0.03over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	MXM	AKE
Max drawdown (400d)	-45.6%	-94.2%
Risk-adjusted return (90d)	-0.34	-0.17

Relative strength over 90 days: MXM outperformed AKE by 470.1% — measured on the MXM/AKE ratio, so it holds regardless of market direction.

MAXX AI →Akedo →